About Covata
Covata is a company based in Reston (United States) founded in 2007.. Covata has raised $15 million across 1 funding round. The company has 1 employees as of December 31, 2022. Covata has completed 2 acquisitions, including Dataglobal and Excite Cyber. Covata operates in a competitive market with competitors including Utimaco, Cryptomathic, Securosys, Crypto4A and JISA Softech, among others.
- Headquarter Reston, United States
- Employees 1 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Covata Usa Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Private Equity Round
Nov 09, 2014
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Investors
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Employee Count
1
as on Dec 31, 2022
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Investments & Acquisitions
Dataglobal
& 1 more
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Funding Insights of Covata
Covata has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $15 million completed in November 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $15.0M
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First Round
First Round
(09 Nov 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Private Equity Round - Covata | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Covata
Covata has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dataglobal and Excite Cyber. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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2016 |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Covata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Covata Comparisons
Competitors of Covata
Covata operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Utimaco, Cryptomathic, Securosys, Crypto4A and JISA Softech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Data security is ensured via encryption and centralized management solutions.
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| domain | founded_year | HQ Location |
Security software for cryptography, EMV, PKI, and authentication is provided.
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| domain | founded_year | HQ Location |
Hardware security modules are provided for encryption and authentication needs.
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| domain | founded_year | HQ Location |
Trusted hardware platform for cryptography and key management is provided.
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| domain | founded_year | HQ Location |
Offers hardware and software security solutions for data protection and encryption services.
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| domain | founded_year | HQ Location |
Encryption and key management systems, including HSMs, are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Covata
Frequently Asked Questions about Covata
When was Covata founded?
Covata was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Where is Covata located?
Covata is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Is Covata a funded company?
Covata is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15M, raised on Nov 09, 2014.
How many employees does Covata have?
As of Dec 31, 2022, the latest employee count at Covata is 1.
What does Covata do?
Covata was founded in 2007 and is headquartered in Reston, United States. The platform is designed for organizations to secure sensitive data using encryption, apply granular and persistent rights management, and monitor access activities. It adapts to diverse operating environments and implementation needs, allowing focus on core applications rather than security development. Funding of 15 million was raised through a backdoor listing on the Australian Securities Exchange.
Who are the top competitors of Covata?
Covata's top competitors include Utimaco, Cryptomathic and Crypto4A.
How many acquisitions has Covata made?
Covata has made 2 acquisitions, including Dataglobal, and Excite Cyber.
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